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Pricing

2022
Flag → Flag
Exports $329kRnk 202 / 218
2022
Flag → Flag
Top Product $176kKnitting Machine Accessories
2022
Flag → Flag
Exports $46.6kRnk 40 / 107
2022
Flag → Flag
Top Product $33.8kKnitting Machine Accessories
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$1,107CURRENT US$
Rnk 164 / 186
2012-2022
Flag
GDP PC GROWTH-8.17%CURRENT US$
Rnk 160 / 186

About

Spain-Lesotho Trade: In 2022, Spain exported $329k to Lesotho. The main products that Spain exported to Lesotho were Knitting Machine Accessories ($176k), LCDs ($84.7k), and Optical Fibers and optical fibre bundles ($14.3k). Over the past 5 years the exports of Spain to Lesotho have decreased at an annualized rate of 5.29%, from $432k in 2017 to $329k in 2022.

In 2022, Spain did not export any services to Lesotho.

Lesotho-Spain Trade: In 2022, Lesotho exported $46.6k to Spain. The main products that Lesotho exported to Spain were Knitting Machine Accessories ($33.8k), LCDs ($4.96k), and High-voltage Protection Equipment ($3.96k). Over the past 5 years the exports of Lesotho to Spain have increased at an annualized rate of 43.8%,  from $7.57k in 2017 to $46.6k in 2022.

In 2022, Lesotho did not export any services to Spain.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). That same year, Lesotho ranked 158 in total exports ($1.16B), and does not have data regarding Economic Complexity Index.

Latest Trends

June, 2024

About

Overview In June 2024, Spain exported €9.21k and imported €3.55k from Lesotho, resulting in a positive trade balance of €5.66k. Between June 2023 and June 2024 the exports of Spain have increased by €3.5k (61.3%) from €5.71k to €9.21k, while imports increased by €1.86k (110%) from €1.69k to €3.55k.

Trade In June 2024, the top exports of Spain to Lesotho were . In June 2024 the top imports of Spain from Lesotho were Knit Men's Shirts (€576), Knit Women's Coats (€72.5), and Commodities not elsewhere specified (€8.36).

Origins In June 2024 the exports of Spain were mainly from Barcelona (€9.15k) and Guadalajara (€60), while imports destinations were mainly Barcelona (€1.94k) and Madrid (€1.61k).

Growth In June 2024, the increase in Spain's year-by-year exports to Lesotho was explained primarily by an increase in product exports in . In June 2024, the increase in Spain's year-by-year imports  from Lesotho was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)€3.5k(61.3%)
IMPORT GROWTH (June 2023 - June 2024)€1.86k(110%)
MAIN EXPORTER (June 2024)Barcelona€9.15k

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Lesotho and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Lesotho and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $329k to Lesotho. The main products exported from Spain to Lesotho were Knitting Machine Accessories ($176k), LCDs ($84.7k), and Optical Fibers and optical fibre bundles ($14.3k). During the last 5 years the exports of Spain to Lesotho have decreased at an annualized rate of 5.29%, from $432k in 2017 to $329k in 2022.

In 2017, Lesotho exported $46.6k to Spain. The main products exported from Lesotho to Spain were Knitting Machine Accessories ($33.8k), LCDs ($4.96k), and High-voltage Protection Equipment ($3.96k). During the last 5 years the exports of Lesotho to Spain have increased at an annualized rate of 43.8%, from $7.57k in 2022 to $46.6k in 2017.

Exports from Spain (Flag) to Lesotho (Flag) (2022)

Exports from Lesotho (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Lesotho
Top DestinationSouth Africa$434M

This map shows whether countries import more from Spain or Lesotho. Each country is colored based on the difference in imports they receive from Spain and Lesotho or the difference in the growth in imports.

In 2022, countries that imported more from Spain than Lesotho included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Lesotho than Spain included Eswatini ($11.3M).

Difference in imports from Lesotho (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - Lesotho

Flow
Scale

This chart compares trade between Spain and Lesotho by product, considering products traded by both, Spain and Lesotho.

During 2022, Spain had a large net trade with Lesotho in the exports of Machines ($206k), Instruments ($99.2k), and Textiles ($9.54k).

During 2017, Lesotho had a large net trade with Spain in the exports of Machines ($39.9k), Instruments ($5.11k), and Textiles ($1.19k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Lesotho+$16.9kCentrifuges
Top Product Potential Lesotho Spain+$9.89kHigh-voltage Protection Equipment

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Spain and Lesotho. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Lesotho. Similarly, a dot/product with the flag of Lesotho indicates it has a comparative advantage over Spain.

Product Space of Spain (Flag) and Lesotho (Flag) (2022)

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